Business, 26.02.2020 04:17 afropenguin7371

Suppose $20,000 of raw materials is withdrawn from the storeroom to be used In production. Of this amount $15,000 consists of direct materlals and $5,000 consists of Indirect materials.

What account or accounts will be debited?

a. Raw Materials $15,000 and Manufacturing Overhead $5,000

b. Work in Process $15,000 and Raw Materials $5,000.

c. Manufacturing Overhead $15,000 and Work in Process $5,000

d. Work in Process $15,000 and Manufacturing Overhead $5,000

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:30, tigistamare03

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Answers: 2

continue

Business, 22.06.2019 11:30, dirtridersteve65

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees

Answers: 2

continue

Business, 22.06.2019 12:40, notorius315

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

Answers: 2

continue

Business, 22.06.2019 23:30, keltaylor

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)

Answers: 1

continue

You know the right answer?

Suppose $20,000 of raw materials is withdrawn from the storeroom to be used In production. Of this a...